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Japan

Japan’s Economy Shrinks as U.S. Tariffs Hit Key Exports

GDP Contracts for First Time in Six Quarters Japan’s economy shrank at an annualised rate of 1.8% in the latest quarter. This decline comes as U.S. tariffs reduced exports and housing investment fell sharply. It is the first contraction in six quarters and comes at a sensitive time for the new government. Prime Minister Sanae […]